#山寨季何时到来 Rebound or Reversal? How to Select Exploding Altcoins?
Not only has Bitcoin risen, but the overall altcoin market has also broken through key resistance levels.
On May 13, an important CP data will be announced, and the market may correct in the next couple of days. Those looking to enter might want to wait for better prices.
In the short term, after a surge, the market usually takes a breather.
Currently, Bitcoin has not shown any obvious signs of peaking, so going short is not very wise at this moment.
Additionally, Bitcoin's rise often drives altcoins to follow suit, and the potential gains for altcoins could be even more significant.
How to select potential altcoins in the current market?
1: Never just focus on low-priced coins that haven't risen, thinking you can pick them up cheaply; often, there are reasons why they haven't gone up!
2: What truly deserves attention are those strong coins with high trading volumes and leading price increases.
3: Many people are afraid of chasing highs and keep thinking about coins that haven't risen yet, instead of looking for those low-priced coins that haven't started moving. However, market trends often go against human intuition; those coins that haven't surged significantly in the short term are likely lacking recognition from funds and speculative logic.
The market completely follows the political winds of the United States.
As soon as the market gets lively, funds will definitely rush to politically related coins first; what else is there to trade?
Recommendation: Buy the dip on $PNUT $TRUMP
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#山寨季何时到来 #Stripe Stablecoin Account #BTC Returns to 100K
